Should I rent or own?
This is a question that we get asked on a regular basis. Check out this link provided by Industry Canada and fill in ALL the blanks. It is important that you enter all your costs and also reinvest your savings. The calculator will also show you the result if you do not reinvest your savings.
Home ownership historically has been a builder of wealth for many people in the past and continues to be a mainstay and goal of many Canadians.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.